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Energy Transition
Global Investment Firm KKR Invests $400m in India’s Serentica Renewables
Serentica Renewables seeks to enable the energy transition by providing clean energy solutions for energy-intensive, hard-to-abate industries.
Carbon Emissions
COP27: Biden Says US Will Meet 2030 Emissions Targets
During his speech at the climate summit, he said the government has put its money where its mouth is on climate change.
Carbon Emissions
Global CO2 Emissions in 2022 ‘Remain at Record Levels’
Projected emissions from coal and oil are above their 2021 levels, according to a new report.
Energy Storage Battery
AGL Breaks Ground for 50MW Grid-Scale Battery
It is expected to start operations by mid-2023.
Nuclear Power Plant
These Four U.S. Nuclear Plants Will Start Producing Clean Hydrogen
The U.S. Department of Energy (DOE) is partnering with utilities on four hydrogen demonstration projects at U.S. nuclear power plants.
Bentley’s Open-Access Digital Twin Integrates Carbon Calculator
Bentley Systems, Incorporated, an infrastructure engineering software company, announced at COP27 expanded workflows for embodied carbon calculation in the Bent…
Energy Storage Battery
Rolls-Royce Delivers Battery Packs for German Virtual Power Plant
Rolls-Royce has announced that six of eight mtu EnergyPacks have been delivered to German energy solutions company VISPIRON.
Energy Transition
Brookfield Bets $11.8 Billion on Australia’s Energy Transition
Brookfield Asset Management has led a consortium that looks set to acquire Australian utility Origin Energy for some $11.8 billion, a move that is seen as a way…
CCS
Chevron, Japan's MOL to Study CO2 Transportation From Singapore to Australia
Chevron Corporation and Japan's Mitsui O.S.K. Lines (MOL), Ltd. (MOL) have signed an agreement to study the feasibility of transporting liquefied carbon dioxide…
Electric Car
COP27: U.S. In Talks With EU on Electric Car Tax Credits
The United States is listening to the concerns of European counterparts about the trade tensions triggered by the Biden administration's clean vehicle subsidies…
Energy Transition
Show Us the Money: Developing World at COP27 Seeks Financing Details
Finance took centre stage at the COP27 climate talks on Wednesday, with U.N. experts publishing a list of projects worth $120 billion that investors could back …
Carbon Emissions
EU Proposes Tighter Vehicle Pollution Emission Standards
The European Commission proposed on Thursday broadly tighter limits for vehicle emissions of harmful nitrogen oxides and particulates, including new standards f…
Wind Power Project
UAE’s Masdar Signs on 10GW Wind Project in Egypt
Renewable energy company Masdar, renewable energy developer Infinity Power and Hassan Allam Utilities have signed a Memorandum of Understanding (MoU) to develop…
World Burning up Faster That It Can Recover, Says Pakistan’s PM at COP27
Pakistan’s Prime Minister Shehbaz Sharif has urged richer nations to support countries that are recovering from the effects of climate change.
Carbon Emissions
S&P Global to Launch Carbon Intensity Assessments for Diesel, Gasoline and Jet Fuel
S&P Global Commodity Insights said on Wednesday it would launch the first carbon intensity assessments and daily carbon offset premiums for transportation fuels…
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